Korensky Appraisal Associates knows the special needs of estate executors

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and exactly as possible. You can count on us to act quickly and with as much empathy to the feelings of everyone involved.

Part of Korensky Appraisal Associates's mission statement is to offer top-notch, ethical appraisals that lawyers can rely on. We are sympathetic to their needs and are acclimated to dealing with all parties involved. Because of our experience in working with the legal system and other agencies, we supply appraisal reports that definitely outdo all expectations.

Contact us as soon as possible to discuss your explicit estate appraisal requirements and how we can put our business acumen to work for you.

Settling an estate commonly demands an appraisal to establish fair market value for the property involved. It's understandable that ordering getting an appraisal is the farthest thought from your mind. Because of this, now and then there can be times that the date of an appraisal deviates from the time of death. Korensky Appraisal Associates assures that we are familiar with the procedures and requirements needed by the IRS and NY revenue agencies to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, providing the highest degree of privacy for all parties involved.

Many people do not understand that the IRS requires information filed to express the numbers involved in estate sales.

Opinions of value displayed in documents filed with the the IRS and NY state agencies absolutely should be supported by an accurate report as to how the appraiser arrived at his conclusions. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and substantiated.

An executor will be ecstatic by an appraisal by Korensky Appraisal Associates which will provide him undeniable facts and numbers to work with revenue agencies' requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged.

An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions.